Examlex
What is the most basic form of power?
Dissociation
The process of a member withdrawing from a partnership or a member's interest being terminated, affecting the relationship between the members of a business entity.
Manager-Managed LLC
A limited liability company where the daily operations are overseen by appointed managers rather than all members.
LLC Members
Individuals or entities that own an interest in a limited liability company and have rights and responsibilities outlined in the LLC's operating agreement.
Limited Liability Company
A corporate framework that merges the direct tax benefits of partnerships or sole proprietorships with the protective limited liability features of a corporation.
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